> For the complete documentation index, see [llms.txt](https://openledger.gitbook.io/openledger/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://openledger.gitbook.io/openledger/token/openledger-token.md).
# Openledger Token
***WIP - Subject to change***
**Key Utilities**
1\. Governance & Decision-Making
• OPEN holders govern the OpenLedger ecosystem, voting on model funding, AI agent regulations, network upgrades, and treasury management.
• Delegated governance mechanisms allow users to assign voting power to trusted representatives.
2\. Transaction Fees & Gas Payments
• OPEN serves as the native gas token for transactions on OpenLedger’s Layer 2 (L2) network.
• Reduces reliance on ETH, enabling customized gas fee models tailored to AI applications.
3\. Incentives & Attribution Rewards
• Data contributors, AI developers, and validators earn OPEN based on attribution impact and model engagement.
• Token rewards are weighted based on data quality, model utility, and ecosystem contribution.
**4.Bridging Between L1 & L2**
• OPEN can be bridged between OpenLedger (L2) and Ethereum (L1) using the OpenLedger Bridge.
• Ensures cross-chain compatibility for AI-powered dApps and decentralized AI models.
5\. **AI Agent Staking**
• AI agents require staking to operate, ensuring performance accountability.
• Stake can be slashed if the agent underperforms or engages in malicious activity.
• Encourages high-quality AI agent participation by rewarding efficient and useful AI services.
**Why Openledger Token Matters?**
• Powers AI agent staking, ensuring reliable and secure AI services.
• Serves as the economic layer for AI and data contributors in OpenLedger.
• Provides Web3-native AI incentives, ensuring long-term sustainability in AI innovation.
Through staking, governance, gas fees, liquidity provisioning, and incentivization, OPEN fuels the next-generation AI economy within OpenLedger. \